News about Zimbabwe that you can use
National average hotel occupancy dropped by two percentage points to 40 percent in the third quarter, an industry official said today, as effects of reduced international travel due to Ebola fears begin to be felt.
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The Danish trade and development cooperation minister is set to visit Zimbabwe next week for high level meetings with government to assess progress on projects funded by the Nordic country, the Danish Embassy has said.
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The first United Kingdom trade mission to Zimbabwe in over a decade began its visit on Tuesday, with both London and Harare committing to re-engagement after years of fraught ties.
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Revenue collections for the third quarter of the year fell nine percent behind target after most revenue heads underperformed, Zimbabwe’s tax agency said today, warning of a flat performance in the fourth quarter as tight liquidity and poor economic fundamentals take their toll on company performances.
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Zimbabwe is expected to generate an additional 5 000 megawatts of electricity by 2020, easing its perennial power deficit on the back of new projects and the resuscitation of existing stations, President Robert Mugabe said today.
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